as a place of business in china cities are quarantined flights cancelled and factories closed shutting supply lines crucial to the global economy the coronavirus continues to stall the world's economic engine along with production for the multinational companies that rely on it the new test factory in shanghai but right now it's making nothing production lines here are expected to start rolling again on february 10th. the extended holidays across china have delayed deliveries of the more $23.00 and sent the share price plummeting by more than 17 percent. in chinese factories are also at a standstill and production here not shed to start until next week. but no other german firms are as closely linked to china as car makers and their suppliers companies are taking each day as it comes given the ever increasing spread of the coronavirus german mechanical engineering is also closely intertwined with china

the found manufacturer. operates 3 plants here all of which are currently closed at the behest of the government in beijing foxconn the chinese computer manufacturer is also affected here to what should start on monday at the earliest in shanghai there are very few companies where production is busy but this is one factory that been working overtime they produce breathing masks and protective suits the rest of the city however isn't very lively no that is the spread farther afield. the german village of boasts the country's highest density of cars and it produces most of. the success of the electric vehicles and of car sharing contradict the. ability and the sharing economy in cities.

and i deliver in the far north of germany. pocket bill near the danish border is bucolic but far from a sleepy place when it comes to new mobility concepts. we probably have the highest density of electric cars of anywhere in germany more than 20 electric cars for $250.00 residents that's quite special with all those in fact that's an e-card to people ratio that's 25 times higher than in the rest of germany there are 2 reasons for this 1st they don't need much charging infrastructure here no one lives in high rises and people all charge the cars up at their front doors reason number 2 is the nearby citizens owned wind farm for 2 decades this pocket the residents not the utility companies have profited from the wind power generated here in fact there's usually so much win that the community can't feed all the electricity they produce into the grid so instead they use it to power their cars the wind farm revenues help finance the leasing of the cars the bills the cars have gained added

acceptance here thanks to car sharing anyone can rent the dumps mobile for 2 years 50 an hour that's helped overcome prejudice against electra mobility drugs yes kept it short and i was very skeptical i thought it couldn't work but it works very well and people like it i use it pretty often myself looking for a few friends at the scepter i was a bit reluctant to start with because i'm not a fan of electric cars but that's changed now this one can get up to a good pace i've been caught speeding. you underestimate how fast it's going. many families have given up their 2nd car and older people take advantage of the system they can call low tar york who administer is that on a voluntary basis if they have trouble booking a car on line karl he should listen the mayor can't understand why electra mobility doesn't work all over germany the way it does here it's been a moment i have to say that at the moment i'm very disappointed in the government

it's far too has it's and get a lot more needs to be done also in terms of limiting c o 2 emissions as the target is 2050 i think it could go a lot faster if they really dared to tackle the issue. at the bidding of a clique on supply and daring sometimes pays out in politics mayor nissen has been regularly reelected for the past 25 years. while europe talks about going carbon neutral india's mass industrialization is really only just beginning and a huge energy transition is on track to blow out the nation's awaiting poll record on carbon dioxide steel mills or india's top industrial limits their plans to expand could see the sectors admissions tripled by 2050. there's nearly a 1000 smoke belching monsters like these across india steel plants they contribute a lot to climate change still making produces huge amounts of carbon dioxide

india's government wants to modernize the industry over the coming 5 years it will invest billions but that won't alter the fact that india's steel plants will remain its biggest c o 2 emitters. indian demand for steel is rising rapidly $111000000.00 tons of it will be produced this year alone demand is expected to more than quadruple by 2050 to nearly $500000000.00 tonnes and c o 2 emissions will grow in line from 242000000 tonnes a year to 837000000 in turn 2 years time. so efforts in other parts of the world like europe to reduce carbon emissions may not make much of a difference the european union wants to make the steel industry carbon neutral by 2050 but that will clearly do little to change the global situation if the biggest polluters china the u.s. and india don't change their ways. will hole from the energy and resources

institute says if india is serious about mitigating the missions to prevent the worst effects of climate change in serious action needs to be taken well can india industrialize and become green. simply put yes but it will be difficult no major economy as successfully industrialized while simultaneously reducing emissions so if india does it will be the 1st to do so. that said there are reasons to be hopeful india has limited domestic reserves of fossil fuels and so ends up importing huge quantities of oil natural gas and even coal. to reduce these in cold gray to parts of the economy can be switched to renewable electricity and this includes parts of transport industry and now the cost of a new bills that fall into such an extent with india having some of the cheapest prices in the world in many sectors this can be done relatively cost effectively but what else does india need to do it sounds like it needs to do

a lot to get its emissions down. yes so we argue that it probably needs to take 3 broad steps to reduce its emissions the 1st of which is energy efficiency so minimizing the amount of energy being used through adopting the most energy efficient technologies and the indians do sector for example is one of the most inefficient in the world as a lot of potential there 2nd is to minimize the amount of material being used whilst obviously still providing the same level of services service that those materials provide and some of this is happening already with less people owning their own cars that using to use and instead and lastly india need to start to deploy their own complete carbon technologies such as using hydrogen instead of coal to produce steel just briefly is it a case that india needs to go green and still sector to remain profitable and competitive so it's certainly will be

a challenge to both go green and remain competitive in the near term at least the costs of producing green steel will be greater than the cost of producing dirty steel and these additional costs will need to be managed if the industry is to remain competitive and it's likely that the government's going to have to take a few steps to do that either taxing dirty steel to make it more expensive from actively or subsidizing green steel to make it cheaper or else adopting large scale public procurement campaigns to guarantee a market for that green steel so in the longer term there is the potential for the cost of producing green still to fall where they reach parity with existing technologies but that's going to take a long time so in the meantime it is important that the government and industry can work together to devise a way to manage this transition with whole thank you very much. china has announced a ton of content american imports and aid to companies reeling from the coronavirus

beijing will have duties on $75000000000.00 worth of u.s. goods for every 4 teens the same day washington cuts come into effect global says mainly so just earlier this week china said it would last time some parts needed to fund the program bars it's also cutting value added tax is an open low interest loans to help businesses weather the storm. and it's pulled in chelsea delaney on this chelsea does this put china in the u.s. in their trade terms because beijing is obviously busy fighting the buyers. police the trade truce intact which is very important for china right now the last thing we need is to be back in a trade war with the united states this does help boost the chinese economy it's obviously helped market confidence today but it's also an important symbol on. his behalf because they might not be able to keep all of the promises they made to the u.s. last month particularly of this pledge they made to buy $200000000000.00 worth of

u.s. goods over the next 2 years that was already seen as highly ambitious by a lot of economists and now with the chinese economy basically at a standstill it's seen as highly improbable so they need goodwill from the united states right now they need flexibility on that pledge and this is seen as as really an olive branch on that end but is there much goodwill going real josie delaney correspondent thank you very much. california officials have given a permit to restock tests on self driving cars on public roads one of its vehicles killed a pedestrian in arizona almost 2 years ago it was the 1st such death and the ride hailing from scaled back work on its own in the striving the permit allows the firm to trial the technology with a backup drive of self driving tech is key to it is if it's to become profitable there's competition 65 other companies already have ovaries asians are counting up tests in the state. and the. graft case

is causing turbulence the former boss of 3 lanka's national carrier has reportedly been arrested appeal of chandra sina allegedly took bribes for a multi-billion dollar aircraft deal in $2132.00 like an airline says deep in the red with over a $1000000000.00 in losses and huge day it earlier this week 2 top executives at asia stepped aside amid a malaysian probe into civil graft claims. happens up to date nights in business with it.

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a good. place . this is the w. news live from budget travel politics rock spying scandal involving the far right the premier all the east in the states if they're in g.s. steps down today all to being elected with the help of extreme. also coming up the fallout from a coronavirus in beijing a busy capitol that now looks like a ghost town. this is usually a bustling commercial street also souvenir shops mark shops tourists who visit to beijing usually come to spend time here today i'm going.